Word: taipan
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Dates: during 1970-1979
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...Death set U.S. and European box office records in 1973, Shaw Brothers has kept a keen eye out for Western fans. Cleopatra Jones and the Casino of Gold (a Shaw Brothers-Warner Brothers coproduction) was a hit in the U.S. This year Shaw Brothers bought the rights to Taipan from MGM and budgeted $12 million to film James Clavell's bestseller...
Hutchison was built in taipan (big boss) style by Sir Douglas Clague, a 59-year-old Rhodesia-born Englishman. Under his aegis the company boosted profits from $3 million in 1969 to $27 million in 1973, mainly by buying up other companies at a headlong pace. To pay for them, it floated no fewer than ten stock issues in three years, ballooning the number of shares outstanding from 13 million in 1971 to 269 million in May of this year. Between mid-1973 and last December, however, a crash on the Hong Kong Stock Exchange and declining confidence in Hutchison...